tracy pham
UBC Board of Governors approves balanced operating budget for 2025/26
UBC is projecting a balanced financial position as part of its 2025/26 budget, approved by the university’s Board of Governors this week. The budget report acknowledges the challenging and evolving landscape affecting all Canadian post-secondary institutions, while also highlighting UBC’s commitment to advancing its core academic mission and to ensuring the university’s long-term financial resilience. Read […]
Changes to cheque distribution options for suppliers
With the closure of the TEF3 front counter reception, cheque payments for UBC suppliers (processed through a supplier invoice or supplier invoice request) will either be mailed out by Canada Post or redirected via Campus Mail to a UBC location. Cheque pickup will no longer be an option as of March 21, 2025. For any […]
UBC planning a balanced operating budget for 2025/26
UBC is projecting a balanced financial position as part of its 2025/26 budget proposal, presented last week to the Board of Governors’ Finance Committee. The proposal reflects the university’s commitment to advancing the academic mission and sustaining our financial resilience, while also acknowledging the challenging and evolving landscape that has affected all Canadian post-secondary institutions. […]
Launching now! Explore the new UBC Finance website and portal built from your feedback
The new UBC Finance website (finance.ubc.ca) and UBC Finance Portal is a critical step in better serving the campus community. Over 20% of survey respondents reported difficulty finding information on the old UBC Finance website. Designed with input from users and stakeholders, the relaunch addresses the diverse needs of UBC’s finance community including simplifying information, […]
2025 payroll calendar now available
The 2025 payroll calendar is now available via UBC Finance website. Please note: Some payroll information on the current finance.ubc.ca website will be migrating over to a new Finance portal as of January 6, 2025. The UBC Finance Portal will only be accessible to UBC employees with an active CWL. Learn more.
Your UBC finance information is moving on January 6!
The UBC Finance Portal is now launched! Learn more about the portal and how to log in here. On January 6, 2025, we’ll be launching the new UBC Finance website for the public and the UBC Finance Portal for UBC employees. The new structure makes it easier to navigate, with a dedicated external site for […]
University cheque mailing disrupted due to Canada Post strike
University cheque mailing resuming as normal starting December 17 Canada Post has announced it is resuming operations on Tuesday, December 17. All cheques produced for students, employees, and suppliers that were held for pickup at UBC during the postal strike will be mailed out with immediate effect. Canada Post’s operations have shut down as of November 15, due to […]
International Fraud Awareness Week is November 17 to 23
International Fraud Awareness Week is November 17 to 23. As part of International Fraud Awareness Week, from November 17 to 23, VP Finance & Operations’ Finance & Integrated Services and Enterprise Risk & Assurance (ERA) have partnered to raise awareness about the importance of fraud prevention.
2024 Statement of Financial Information (SOFI) now available
The 2024 Statement of Financial Information (SOFI) is now available. The Annual Statement of Financial Information (SOFI) for year ended March 31, 2024, is now available on the UBC Finance website. The BC Financial Information Act requires that public institutions publish certain supplementary information. This information is not audited by the external auditors. It includes payments […]
Interim audit work to begin with BDO
UBC’s auditor, BDO Canada LLP (“BDO”), will begin performing interim audit work in the coming weeks. This work will include requesting information from faculties and units, and performing walkthroughs of UBC’s accounting and business processes. BDO has been provided with a contact list and will be reaching out to the respective individuals directly. Please follow […]